Is AVAX Price Set To Soar 660%? Analyst Says '$130 Is The Base'

AVAX price is down 12% in the last 24 hours after liquidity began flowing out of large caps and into mid-caps, causing projects like PNUT and DOGE to soar double-digit percentages. Nevertheless, market observers are still bullish on Avalanche, calling $130 the base. A high correlation between Ethereum (ETH) and Avalanche (AVAX) suggests that the latter will likely go on a 660% breakout after ETH recently breached an 8-month falling channel. Can AVAX soar 5X and reach $300?